Houses for Rent in Newcastle, OK

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What to Know About

Life in Newcastle & Beyond

Newcastle shares many of the great qualities that make Oklahoma a desirable place to live.

Oklahoma is known for its diverse landscapes, including rolling prairies, forests, and mountains, as well as a rich Native American history and a thriving oil industry. Come experience the rich cultural heritage of Oklahoma by visiting iconic landmarks like the Oklahoma City National Memorial and Museum, and be inspired by the academic excellence at top universities like the University of Oklahoma and Oklahoma State University. With an economy driven by energy, agriculture, and aerospace, Oklahoma is a prime destination for those seeking a mix of business and recreation.

The state offers a variety of experiences for outdoor enthusiasts and sports fans, like the Oklahoma City Thunder (NBA), to marvel at the stunning Wichita Mountains Wildlife Refuge, to events at the Gaylord Family Oklahoma Memorial Stadium. In addition, the Ouachita Mountains provide beautiful trails for those seeking a spectacular hike. Take advantage of these famous attractions, visit the National Cowboy & Western Heritage Museum, the Philbrook Museum of Art, or the historic Route 66.

A state that embodies the American spirit, Oklahoma is a place of friendly faces and endless opportunities, making it a great place to live.

Rental Market Trends

Newcastle, OK

As of August 2025, Newcastle's rental market is tenant-friendly, with extended leasing periods, prompting landlords to offer incentives or reduced pricing. Newcastle's average rent is 14.3% ($166) higher than the Oklahoma average of $1,159 and 26.0% ($465) lower than the U.S. average of $1,790.

Average Rent
$1,325
Monthly ChangeMonth Over Month Change
Increased4.4% ($56)
Yearly ChangeYear Over Year Change
Decreased6% ($84)
Avg. Days on MarketAverage Days on Market
73
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,117 Increased6.7% ($70) Decreased5.3% ($63)
2 Beds $1,234 Increased2.8% ($34) Decreased8.2% ($110)
3 Beds $1,587 Decreased1.3% ($21) Decreased10.5% ($187)
Nearby Cities Average Rent Avg. Rent vs. NewcastleAverage Rent vs. Newcastle Avg. Days on MarketAverage Days on Market
Blanchard $1,180 Decreased10.9% ($145) 73 days
Norman $990 Decreased25.3% ($335) 28 days
Washington $1,396 Increased5.4% ($71) 77 days
Mustang $1,258 Decreased5.1% ($67) 30 days
Oklahoma City $1,037 Decreased21.7% ($288) 31 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Newcastle Rental Market FAQs

Explore rental prices, market trends, and availability in Newcastle, OK.

The average rent in Newcastle, OK is $1,325 per month.
Houses in Newcastle typically rent for between $782 and $2,063 per month, with an average of $1,325 per month.
In Newcastle, the average rent for a 1-bedroom house is $1,117 per month, for a 2-bedroom house, $1,234 per month, and a 3-bedroom house is $1,587 per month.
The average rent in Newcastle is 26% ($465) lower than the national average of $1,790 per month.
The average rent in Newcastle has increased by 4.4% ($56) in the last month and decreased by 6.0% ($84) over the past year.
The rental market in Newcastle, OK, is currently tenant-friendly, with extended leasing periods, prompting landlords to offer incentives or reduced pricing.
In Newcastle, OK, the average rental stays on the market for approximately 73 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 11 rental properties available in Newcastle, OK.
Based on the current averages, a household would need an annual income of $49,360 to comfortably afford a 2-bedroom house in Newcastle.
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